Common use of Incentive Awards Clause in Contracts

Incentive Awards. In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “Annual Cash Incentive Award”) and a long-term incentive award (which may be designated as a performance unit award) (the “Long-Term Incentive Award” and together with the Annual Cash Incentive Award, the “Incentive Awards”) at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and long-term incentive award, respectively, paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occurs; provided, however, that for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awards, then the target levels of such incentive awards shall be used for purposes of the foregoing formula. Each such Annual Cash Incentive Award and Long-Term Incentive Award shall be paid no later than two and one-half months after the fiscal year for which the Annual Cash Incentive Award or the Long-Term Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Incentive Award, which deferrals shall be made in accordance with the provisions of Section 409A of the Code.

Incentive Awards. In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “Annual Cash Incentive Award”) and a long-term incentive award (which may be designated as a performance unit award) (the award)(the “Long-Term Cash Incentive Award” and together with the Annual Cash Incentive Award, the “Incentive Awards”) in cash at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and long-term cash incentive award, respectively, paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occursoccurs (together, the “Recent Incentive Awards”); provided, however, that for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awards, then the target levels of such incentive awards shall be used for purposes of the foregoing formula. Each such Annual Cash Incentive Award and Long-Term Cash Incentive Award shall be paid no later than two and one-half months after the fiscal year for which the Annual Cash Incentive Award or the Long-Term Cash Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Cash Incentive Award, which deferrals shall be made in accordance with the provisions of Section 409A of the Code.

Incentive Awards. In addition to Annual Base Salary, the Executive shall be awardedpaid, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “"Annual Cash Incentive Award”") and a long-term incentive award (which may be designated as a performance unit award) (the “"Long-Term Incentive Award” " and together with the Annual Cash Incentive Award, the “"Incentive Awards”") in cash at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and the average long-term incentive award, respectively, respectively paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occurs; providedoccurs (together, however, that the "Recent Incentive Awards"). In cases where the Executive received or deferred a pro rata award because his or her participation was for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awardsfull Annual Incentive Award fiscal year or Long-Term Incentive Award performance period, then the target levels of such incentive awards Recent Incentive Awards shall be used recalculated by increasing the awards for which a pro rata payment was received or deferred to the level they would have been had the Executive participated for the full fiscal year and performance period. The recalculation is solely for purposes of defining the foregoing formulaterm Recent Incentive Awards, and shall not entitle the Executive to any increase in awards paid or payable prior to the Effective Date. Each such Annual Cash Incentive Award and Long-Term Incentive Award shall be paid no later than two and one-half months after the fiscal end of the third month of the year next following the years for which the Annual Cash Incentive Award or the Long-Term Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Incentive Award, which deferrals shall be made in accordance with the provisions of Section 409A of the Code.

Incentive Awards. In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “Annual Cash Incentive Award”) and a long-term incentive award (which may be designated as a performance unit award) (the “Long-Term Cash Incentive Award” and together with the Annual Cash Incentive Award, the “Incentive Awards”) in cash at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and long-term cash incentive award, respectively, paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occursoccurs (together, the “Recent Incentive Awards”); provided, however, that for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awards, then the target levels of such incentive awards shall be used for purposes of the foregoing formula. Each such Annual Cash Incentive Award and Long-Term Cash Incentive Award shall be paid no later than two and one-half months after the fiscal year for which the Annual Cash Incentive Award or the Long-Term Cash Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Cash Incentive Award, which deferrals shall be made in accordance with the provisions of Section 409A of the Code.

Incentive Awards. In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “Annual Cash Incentive Award”) and a long-term incentive award (which may be designated as a performance unit award) (the award)(the “Long-Term Cash Incentive Award” and together with the Annual Cash Incentive Award, the “Incentive Awards”) in cash at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and long-term cash incentive award, respectively, paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occursoccurs (together, the “Recent Incentive Awards”); provided, however, that for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awards, then the target levels of such incentive awards shall be used for purposes of the foregoing formula. Each such Annual Cash Incentive Award and Long-Term Cash Incentive Award shall be paid no later than two and one-half months after the fiscal year for which the Annual Cash Incentive Award or the Long-Term Cash Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Cash Incentive Award, which deferrals shall be made in accordance with the provisions of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).

Incentive Awards. In addition to Annual Base Salary, the Executive ---------------- shall be awarded, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “"Annual Cash Incentive Award”") and a long-term incentive award (which may be designated as a performance unit award) (the “"Long-Term Cash Incentive Award” " and together with the Annual Cash Incentive Award, the “"Incentive Awards”") in cash at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and long-term cash incentive award, respectivelyrespectively (together, the "Recent Incentive Awards"), paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occurs; provided, however, that for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awards, then the target levels of such incentive awards shall be used for purposes of the foregoing formula. Each such Annual Cash Incentive Award and Long-Term Cash Incentive Award shall be paid no later than two and one-half months after the end of the third month of the fiscal year next following the fiscal year for which the Annual Cash Incentive Award or the Long-Term Cash Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Cash Incentive Award. (iii) Profit Sharing, which deferrals Thrift, Savings and Pension Plans. In addition to ------------------------------------------------- Annual Base Salary and Incentive Awards payable as hereinabove provided, the Executive shall be made in accordance with entitled to participate during the provisions of Section 409A of the Code.Employment 3

Incentive Awards. In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “"Annual Cash Incentive Award”") and a long-term incentive award (which may be designated as a performance unit award) (the “"Long-Term Cash Incentive Award” " and together with the Annual Cash Incentive Award, the “"Incentive Awards”") in cash at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and long-term cash incentive award, respectivelyrespectively (together, the "Recent Incentive Awards"), paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occurs; provided, however, that for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awards, then the target levels of such incentive awards shall be used for purposes of the foregoing formula. Each such Annual Cash Incentive Award and Long-Term Cash Incentive Award shall be paid no later than two and one-half months after the end of the third month of the fiscal year next following the fiscal year for which the Annual Cash Incentive Award or the Long-Long- Term Cash Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Cash Incentive Award, which deferrals shall be made in accordance with the provisions of Section 409A of the Code.

Incentive Awards. In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual cash incentive award (the “Annual Cash Incentive Award”) and a long-term incentive award (which may be designated as a performance unit award) (the “Long-Term Cash Incentive Award” and together with the Annual Cash Incentive Award, the “Incentive Awards”) in cash at least equal to the average annualized (for any fiscal year consisting of less than twelve full months or with respect to which the Executive has been employed by the Company for less than twelve full months) annual cash incentive award and long-term cash incentive award, respectively, paid or payable, including by reason of any deferral, to the Executive by the Company and its affiliated companies in respect of the three fiscal years immediately preceding the fiscal year in which the Effective Date occursoccurs (together, the “Recent Incentive Awards”); provided, however, that for any year of such three-year period in which the actual incentive awards were less than the target level of such incentive awards, then the target levels of such incentive awards shall be used for purposes of the foregoing formula. Each such Annual Cash Incentive Award and Long-Term Cash Incentive Award shall be paid no later than two and one-half months after the fiscal year for which the Annual Cash Incentive Award or the Long-Term Cash Incentive Award, as the case may be, is awarded, unless the Executive shall elect to defer the receipt of such Annual Cash Incentive Award or Long-Term Cash Incentive Award, which deferrals shall be made in accordance with the provisions of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).